Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 10/24/2017

Past Market Reports

Report Date: 10/24/2017

LM_XB405
Des Moines, IA                 Tue, Oct 24, 2017                USDA Market News

NATIONAL 5-DAY ROLLING CUTTER COW CUTOUT AND BOXED COW BEEF CUTS
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE - Negotiated Sales - Afternoon

Based on negotiated prices and volume of cow cuts delivered within 0-21 days
and on average industry cutting yields.  Values reflect U.S. dollars per 100
pounds.

                                   Cutter 90%
                                    350#/up
--------------------------------------------------------------------------------
Current-Cutout Value:               $170.35
Change from prior day:                $0.22
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $215.10        $120.11         
100% lean inside round                      $309.70          $7.19         $0.02
100% lean, flats and eyes                   $267.14          $6.20         $0.03
100% lean, S.P.B.                           $267.10         $13.36         $0.04
Chuck Tender                                $221.41          $2.21         
Knuckle                   4-7 lbs.          $227.16          $5.75         $0.04
Tenderloin                2-3 lbs.          $396.87          $2.10         $0.04
Tenderloin                3-4 lbs.          $420.04          $3.11         $0.03
Ribeye Roll               4-6 lbs.          $285.47          $3.00         
Ribeye Roll               6-8 lbs.          $299.98          $2.22       ($0.01)
Ribeye Roll               8up lbs.          $333.00          $2.43         
Flank Steak                                 $281.10          $1.18         $0.03
Kidney, Edible                               $16.50          $0.08         
Fat, inedible                                $18.93          $0.44         
Bone                                          $4.04          $0.97         
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USDA NATIONAL BOXED COW BEEF CUTS - NEGOTIATED SALES   FOB Plant basis
negotiated sales for delivery within 0-21 day period.

CURRENT VOLUME - (one load equals 40,000 pounds)

Boner/Breaker Cuts                 22.94  loads --              917,665  pounds
Cutter/Canner Cuts                  1.83  loads --               73,193  pounds
Boner/Breaker/Cutter/Canner        17.84  loads --              713,667  pounds
100% Lean Items                    24.45  loads --              978,165  pounds
Frozen Cuts                         2.77  loads --              110,752  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   10,760   $306.15       $2.06
112   Rib, ribeye roll, 8-10 lbs.             32   80,070   $328.23     ($0.12)
112   Rib, ribeye roll, 10-up lbs.            64  106,647   $337.35     ($1.13)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   42,036   $331.96     ($0.55)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   13,544   $367.84    ($33.81)
      Chuck, boneless 85%                      6  105,020   $190.27     ($2.01)
120   Chuck, brisket                          14   37,848   $212.82     ($3.19)
168   Round, top inside, 10-dn lbs.            4    7,231   $217.22       $1.11
168   Round, top inside, 10-up lbs.            8   26,688   $228.51       $5.46
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     25  287,234   $288.53     ($1.98)
169A  Round, top inside c-off, 14-up lbs.      5   12,440   $283.62       $4.31
171B  Round, outside round                     5    8,112   $265.84     ($2.89)
171C  Round, eye of round                     47   45,519   $273.44       $0.28
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              5    4,018   $208.70       
180   Loin, strip, bnls, 9-up lbs.            11   20,355   $248.43     ($0.11)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  19   47,039   $202.14     ($7.89)
185A  Loin, bottom sirloin butt flap, bnls.   33   53,169   $277.32      $17.77
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              42   59,692   $299.98     ($1.17)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     5   52,980   $303.84       $3.54
      Inside round - Boxed                    27  129,320   $312.10     ($3.57)
      Outside round                            7   91,062   $269.23     ($0.01)
      Eye of round                            13   42,789   $270.25     ($1.14)
      Flats and eyes - Combo                  16  156,276   $265.08       $1.50
      Flats and eyes - Boxed                            
      Striploin                               65  296,230   $290.97     ($0.51)
      S.P.B. - Combo                          15  209,508   $267.10       $0.70
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     41   91,243   $221.41       $0.09
167A  Round, knuckle, peeled                  13   52,915   $227.16       $1.32
190   Loin, tenderloin, 2-3 lbs.              15   54,667   $396.87       $8.03
190   Loin, tenderloin, 3-4 lbs.              36   62,306   $420.04       $3.68
190   Loin, tenderloin, 4-5 lbs.             158  219,348   $448.40     ($4.98)
190   Loin, tenderloin, 5-up lbs.             23   37,609   $451.49     ($0.74)
193   Flank, flank steak                      93   84,632   $289.54       $4.78
      Flank, rough                            66  110,947   $235.27     ($0.49)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.             10   59,675   $291.68       $4.93
112   Rib, ribeye roll, 10-up lbs.                      
112A  Rib, ribeye roll-lip-on, 8-dn lbs.                
112A  Rib, ribeye roll-lip-on, 8-up lbs.                
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.               
169A  Round, top inside c-off, 14-up lbs.               
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.             7   26,590   $270.52     ($0.39)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-up lbs.                       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.                        
190   Loin, tenderloin, 4-5 lbs.               3    5,525   $441.73       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       5   15,890   $236.15       $1.67
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Source:    USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@ams.usda.gov
           24 Hour recorded market information 515-284-4830
           www.ams.usda.gov/market-news/livestock-poultry-grain
1530C
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